Question
1.Abed secures the additional 10-year lease.Three years into this lease, his partner is very unwell, and he decides to take a few years away from
1.Abed secures the additional 10-year lease.Three years into this lease, his partner is very unwell, and he decides to take a few years away from the business to look after them. He negotiates for Emanuella to take over his lease for three years, after which he will return to his business.
a.Can Abed do. this?What is the arrangement called?
b.Can Big Time object to the arrangement?
c.Are there any steps that should be taken (by any party) to protect Emanuella's interest? What could Emanuella do to protect her interest?
d.How do you define the relationship between Big Time and Emanuella? What about between Abed and Emanuella?
e.What continuing obligations does Abed hold towards Big Time?
answer with Australian law
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